Friday, July 26, 2024

Got 1 min? Tesla México picks CEO

Teresa Gutiérrez Smith, a former executive with Colombian company Rappi, has been appointed as CEO of Tesla México, which is building an electric vehicle manufacturing facility in Nuevo León.

The Mexico City chapter of the Mexican Association of Women CEOs (AMMJE) announced Gutiérrez’s appointment on Tuesday.

A rendering of Tesla’s planned “gigafactory” in Nuevo León. (Tesla)

“We’re sure that this appointment marks the beginning of a new era for Elon Musk’s company,” said Zaira Zepeda, president of AMMJE in Mexico City.

She said that Gutiérrez, who was formerly Rappi’s CEO in Mexico, is a leader committed to “excellence, diversity, female empowerment and the vision of a sustainable future for the benefit of all.”

Musk, the world’s richest person, announced in March 2023 that Tesla would build a new “gigafactory” near Monterrey, the capital of Nuevo León. He said in October that construction of the initial phase of the plant would begin in early 2024.

Tesla’s investment in the plant could be as much as US $10 billion, according to the federal government.

On her LinkedIn profile, Gutiérrez says she aims “to contribute to Tesla’s mission of creating a greener Latin America.”

Musk said last month that Tesla would build its planned US $25,000 “next-gen” model at the Nuevo León plant, which will use recycled water.

Several reports said Gutiérrez is replacing Françoise Lavertu as Tesla’s CEO, or country manager, in Mexico, but, according to Lavertu’s LinkedIn profile, she hasn’t worked for the EV manufacturer for years.

The new Tesla México CEO has a degree in chemical engineering from the Ibero-American University in Mexico City and an MBA from IPADE, the business school of the Pan-American University.

Gutiérrez previously worked at several companies including toy company Mattel, as a media and digital marketing director, and food and drink multinational Nestlé as strategic planning manager.

Her replacement as CEO of Rappi in Mexico is Iván Cadavid Silva, a former senior vice president with the company.

With reports from El Universal 

3 COMMENTS

Have something to say? Paid Subscribers get all access to make & read comments.
An Audi car body on a production line in a factory in Mexico

Mexican auto parts industry unshaken by Tesla gigafactory news

0
"This has more to do with the global electric vehicles market falling below projections ... Tesla is seeing its market shrink," said the chief of the Mexican Auto Dealers Association.
Mexican and Chinese business people at Hofusan Industrial Park

Chinese investment in Mexico has risen fast, but still lags behind other FDI

1
Over half of total Chinese FDI in Mexico since 2006 has been made since 2020, but according to official data, it's still a fraction of U.S. and European FDI.
Image of US currency bills of various denominations in a chaotic pile surrounding a one-peso coin in the center of the pile

Peso slides after Tesla setback and inflation spike

7
New inflation data, a reform bill and Tesla pausing a Mexico gigafactory may explain a 1.5% drop overnight in the peso-USD rate Wednesday.